Monetary developments in the euro area: January 2025

February 27, 2025-- Annual growth rate of broad monetary aggregate M3 increased to 3.6% in January 2025 from 3.4% in December (revised from 3.5%)
Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 2.7% in January from 1.8% in December
Annual growth rate of adjusted loans to households increased to 1.3% in January from 1.1% in December

Annual growth rate of adjusted loans to non-financial corporations increased to 2.0% in January from 1.7% in December (revised from 1.5%)

Components of the broad monetary aggregate M3

The annual growth rate of the broad monetary aggregate M3 increased to 3.6% in January 2025 from 3.4% in December, averaging 3.6% in the three months up to January. The components of M3 showed the following developments.

The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, increased to 2.7% in January from 1.8% in December. The annual growth rate of shot-term deposits other than overnight deposits (M2-M1) decreased to 3.3% in January from 4.4% in December. The annual growth rate of marketable instruments (M3-M2) decreased to 14.7% in January from 15.8% in December.

Columbia Threadneedle Investments expanding US active ETF range to Europe

May 19, 2025--A 'natural expansion' for the firm
Columbia Threadneedle Investments is set to expand its active ETF offering to the European market as it looks to branch out from its existing US range.